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Compare Cayman Islands (2004) - European Union (2004)
Compare Cayman Islands (2004) z European Union (2004)
| Cayman Islands (2004) | European Union (2004) | |
 |  | |
| Administrative divisions | 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western | - |
| Age structure | 0-14 years: 21.4% (male 4,608; female 4,616)
15-64 years: 70.6% (male 14,858; female 15,593) 65 years and over: 8% (male 1,607; female 1,821) (2004 est.) |
0-14 years: 16.3%
15-64 years: 67.2% 65 years and over: 16.6% (July 2004 est.) |
| Agriculture - products | vegetables, fruit; livestock, turtle farming | wheat, barley, oilseeds, sugar beets, wine, grapes, dairy products, cattle, sheep, pigs, poultry, fish |
| Airports | 3 (2003 est.) | total: 3,130
with paved runways: 1,834 with unpaved runways: 1,296 (2003) |
| Airports - with paved runways | total: 2
1,524 to 2,437 m: 2 (2004 est.) |
- |
| Airports - with unpaved runways | total: 1
914 to 1,523 m: 1 (2004 est.) |
- |
| Area | total: 262 sq km
land: 262 sq km water: 0 sq km |
total: 3,976,372 sq km |
| Area - comparative | 1.5 times the size of Washington, DC | less than one-half the size of the US |
| Background | The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica since 1863, they remained a British dependency after 1962 when the former became independent. | Following the two devastating World Wars of the first half of the 20th century, a number of European leaders in the late 1940s became convinced that the only way to establish a lasting peace was to unite the two chief belligerent nations - France and Germany - both economically and politically. In 1950, the French Foreign Minister Robert SCHUMAN proposed an eventual union of all of Europe, the first step of which would be the integration of the coal and steel industries of Western Europe. The following year the European Coal and Steel Community (ECSC) was set up when six members, Belgium, France, West Germany, Italy, Luxembourg, and the Netherlands, signed the Treaty of Paris.
The ECSC was so successful that within a few years the decision was made to integrate other parts of the countries' economies. In 1957, the Treaties of Rome created the European Economic Community (EEC) and the European Atomic Energy Community (EURATOM), and the six member states undertook to eliminate trade barriers among themselves by forming a common market. In 1967, the institutions of all three communities were formally merged into the European Community (EC), creating a single Commission, a single Council of Ministers, and the European Parliament. Members of the European Parliament were initially selected by national parliaments, but in 1979 the first direct elections were undertaken and they have been held every five years since. In 1973, the first enlargement of the EC took place with the addition of Denmark, Ireland, and the United Kingdom. The 1980s saw further membership expansion with Greece joining in 1981 and Spain and Portugal in 1986. The 1992 Treaty of Maastricht laid the basis for further forms of cooperation in foreign and defense policy, in judicial and internal affairs, and in the creation of an economic and monetary union - including a common currency. This further integration created the European Union (EU). In 1995, Austria, Finland, and Sweden joined to the EU, raising the membership total to 15. A new currency, the euro, was launched in world money markets on 1 January 1999; it became the unit of exchange for all of the EU states except Great Britain, Sweden, and Denmark. In 2002, citizens of the 12 euro-area countries began using euro banknotes and coins. Ten new countries joined the EU in 2004 - Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, and Slovenia - bringing the current membership to 25. In order to ensure that the EU can continue to function efficiently with an expanded membership, the 2003 Treaty of Nice set forth rules streamlining the size and procedures of EU institutions. An EU Constitutional Treaty, signed in Rome on 29 October 2004, gives member states two years to ratify the document before it is scheduled to take effect on 1 November 2006. Despite the expansion of membership and functions, "Eurosceptics" in various countries have raised questions about the erosion of national cultures and the imposition of a flood of regulations from the EU capital in Brussels. Failure by member states to ratify the constitution or the inability of newcomer countries to meet euro currency standards might force a loosening of some EU agreements and perhaps lead to several levels of EU participation. These "tiers" might eventually range from an "inner" core of politically integrated countries to a looser "outer" economic association of members. |
| Birth rate | 13.11 births/1,000 population (2004 est.) | 10.2 births/1,000 population (July 2004 est.) |
| Budget | revenues: $265.2 million
expenditures: $248.9 million, including capital expenditures of NA (1997) |
- |
| Capital | George Town | Brussels, Belgium |
| Climate | tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) | cold temperate; potentially subarctic in the north to temperate; mild wet winters; hot dry summers in the south |
| Coastline | 160 km | 65,413.9 km |
| Constitution | 1959, revised 1972 and 1992 | based on a series of treaties: the Treaty of Paris, which set up the European Coal and Steel Community (ECSC) in 1951; the Treaties of Rome, which set up the European Economic Community (EEC) and the European Atomic Energy Community (Euratom) in 1957; the Single European Act in 1986; the Treaty on European Union (Maastrict) in 1992; the Treaty of Amsterdam in 1997; and the Treaty of Nice in 2001; note - a new draft Constitutional Treaty, signed on 29 October 2004 in Rome, gives member states two years for ratification either by parliamentary vote or national referendum before it is scheduled to take effect on 1 November 2006 |
| Country name | conventional long form: none
conventional short form: Cayman Islands |
- |
| Currency | Caymanian dollar (KYD) | euro; pound (Cyprus), koruna (Czech Republic), krone (Denmark), kroon (Estonia), forint (Hungary), lat (Latvia), litas (Lithuania), lira (Malta), zloty (Poland), koruna (Slovakia), tolar (Slovenia), krona (Sweden), pound (UK) |
| Death rate | 4.76 deaths/1,000 population (2004 est.) | 10 deaths/1,000 population (July 2004 est.) |
| Debt - external | $70 million (1996) | $NA |
| Dependency status | overseas territory of the UK | - |
| Diplomatic representation from the US | none (overseas territory of the UK) | chief of mission: Ambassador Rockwell SCHNABEL
embassy: 13 Zinnerstraat (Rue Zinner), B-1000 Brussels mailing address: same as above telephone: [32] (2) 508-2222 FAX: [32] (2) 512-5720 |
| Diplomatic representation in the US | none (overseas territory of the UK) | chief of mission: Ambassador John BRUTON
chancery: 2300 M Street, NW, Washington, D.C. 20037 telephone: [1] (202) 862-9500 FAX: [1] (202) 429-1766 |
| Disputes - international | none | - |
| Economic aid - donor | - | $NA |
| Economic aid - recipient | NA (1999) | - |
| Economy - overview | With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1998, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million in 1997, with 600,000 from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world. | Domestically, the European Union attempts to lower trade barriers, adopt a common currency, and move toward convergence of living standards. Internationally, the EU aims to bolster Europe's trade position and its political and economic power. Because of the great differences in per capita income (from $10,000 to $28,000) and historic national animosities, the European Community faces difficulties in devising and enforcing common policies. For example, both Germany and France since 2003 have flouted the member states' treaty obligation to prevent their national budgets from running more than a 3% deficit. In 2004, the EU admitted 10 central and eastern European countries that are, in general, less advanced technologically and economically than the existing 15. The Economic and Monetary Union (EMU), an associated organization, introduced the euro as the common currency on 1 January 1999. The UK, Sweden, and Denmark do not now participate; the 10 new countries may choose to join the EMU when they meet its fiscal and monetary criteria and the member states so agree. |
| Electricity - consumption | 355.2 million kWh (2001) | 2.635 trillion kWh (2001) |
| Electricity - exports | 0 kWh (2001) | 234.8 billion kWh (2001) |
| Electricity - imports | 0 kWh (2001) | 245.7 billion kWh (2001) |
| Electricity - production | 381.9 million kWh (2001) | 2.822 trillion kWh (2001) |
| Elevation extremes | lowest point: Caribbean Sea 0 m
highest point: The Bluff 43 m |
lowest point: Lammefjord, Denmark -7 m; Zuidplaspolder, Netherlands -7 m
highest point: Mount Blanc, France/Italy 4,807 m |
| Environment - current issues | no natural fresh water resources; drinking water supplies must be met by rainwater catchments | NA |
| Environment - international agreements | - | Hazardous Wastes, Biodiversity, Air Pollution, Antarctic-Marine Living Resources, Tropical Timber 82, Tropical Timber 94, Ozone Layer Protection, Air Pollution-Nitrogen Oxides, Air Pollution-Sulphur 94, Law of the Sea, Desertification, Climate Change; has signed, but not yet ratified: Air Pollution-Volatile Organic Compounds, Air Pollution-Persistent Organic Pollutants |
| Ethnic groups | mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% | - |
| Exchange rates | Caymanian dollars per US dollar - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993) | euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001) |
| Executive branch | chief of state: Queen ELIZABETH II (since 6 February 1952); Governor Bruce DINWIDDY (since 29 May 2002)
head of government: Chief Secretary W. McKeeva BUSH (since NA December 2001) cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly) elections: none; the monarch is hereditary; the governor is appointed by the monarch; the chief secretary is appointed by the governor |
chief of union: President of the European Commission Jose DURAO BARROSO (since 22 November 2004)
cabinet: European Commission (composed of 25 members, one from each member country; each commissioner responsible for one or more policy areas) elections: the president of the European Commission is designated by member governments; the president-designate then chooses the other Commission members; the European Parliament confirms the entire Commission for a five-year term; election last held 18 November 2004 (next to be held 2009) election results: European Parliament approved the European Commission by an approval vote of 449-149 with 82 abstentions note: the European Council brings together heads of state and government and the president of the European Commission and meets at least twice a year; its aim is to provide the impetus for the major political issues relating to European integration and to issue general policy guidelines |
| Exports | NA (2001) | 6.429 million bbl/day (2001) |
| Exports - commodities | turtle products, manufactured consumer goods | machinery, motor vehicles, aircraft, plastics, pharmaceuticals and other chemicals, fuels, iron and steel, nonferrous metals, wood pulp and paper products, textiles, meat, dairy products, fish, alcoholic beverages. |
| Exports - partners | mostly US | NA |
| Fiscal year | 1 April - 31 March | NA |
| Flag description | blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS | on a blue field, 12 five-pointed gold stars arranged in a circle, representing the union of the peoples of Europe; the number of stars is fixed |
| GDP | purchasing power parity - $1.27 billion (2002 est.) | purchasing power parity - $11.05 trillion (2004 est.) |
| GDP - composition by sector | agriculture: 1.4%
industry: 3.2% services: 95.4% (1994 est.) |
agriculture: 2.3%
industry: 28.3% services: 69.4% (2004 est.) |
| GDP - per capita | purchasing power parity - $35,000 (2002 est.) | purchasing power parity - $25,700 (2004 est.) |
| GDP - real growth rate | 1.7% (2002 est.) | 1% (2004 est.) |
| Geographic coordinates | 19 30 N, 80 30 W | - |
| Geography - note | important location between Cuba and Central America | - |
| Heliports | - | 94 (2003) |
| Highways | total: 785 km
paved: 785 km (2000) |
total: 4,634,810 km (including 56,704 km of expressways)
paved: 4,161,318 km unpaved: 473,492 km (1999-2000) |
| Household income or consumption by percentage share | lowest 10%: NA
highest 10%: NA |
lowest 10%: 2.9%
highest 10%: 25.2% (1995 est.) |
| Illicit drugs | offshore financial center; vulnerable to drug transshipment to the US and Europe | - |
| Imports | NA (2001) | 16.97 million bbl/day (2001) |
| Imports - commodities | foodstuffs, manufactured goods | machinery, vehicles, aircraft, plastics, crude oil, chemicals, textiles, metals, foodstuffs, clothing |
| Imports - partners | US, Trinidad and Tobago, UK, Netherlands Antilles, Japan | NA |
| Independence | none (overseas territory of the UK) | 7 February 1992 (Maastricht Treaty signed establishing the EU); 1 November 1993 (Maastricht Treaty entered into force) |
| Industrial production growth rate | NA | 0.8% (2004 est.) |
| Industries | tourism, banking, insurance and finance, construction, construction materials, furniture | among the world's largest and most technologically advanced industries, including iron and steel, aluminum, petroleum, coal, cement, chemicals, pharmaceuticals, automobiles, aircraft, railroad equipment, shipbuilding, electrical power equipment, machine tools, electronics, telecommunications equipment, fishing, food processing, furniture, paper, textiles and clothing, tourism |
| Infant mortality rate | total: 8.41 deaths/1,000 live births
male: 9.64 deaths/1,000 live births female: 7.16 deaths/1,000 live births (2004 est.) |
total: 5.3 deaths/1,000 live births (July 2004 est.) |
| Inflation rate (consumer prices) | 2.8% (2002) | 2% (2004 est.) |
| International organization participation | Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU | European Union: ASEAN (dialogue member), ARF (dialogue member), EBRD, IDA, OAS (observer), OECD, WTO
European Commission: Australian Group, CBSS, CERN, FAO, G-10, NSG (observer), UN (observer) European Central Bank: BIS European Investment Bank: WADB (nonregional member) |
| Irrigated land | NA sq km | 115,807 sq km |
| Judicial branch | Summary Court; Grand Court; Cayman Islands Court of Appeal | European Court of Justice (ensures that the treaties are interpreted and applied correctly) - 25 Justices (one from each member state) appointed for a six-year term; note - for the sake of efficiency, the court can sit with 11 justices known as the "Grand Chamber"; Court of First Instance - 25 justices appointed for a six-year term |
| Labor force | 19,820 (1995) | 211.1 million |
| Labor force - by occupation | agriculture 1.4%, industry 12.6%, services 86% (1995) | agriculture 4.3%, industry 29%, services 66.8% (2000) |
| Land boundaries | 0 km | total: 11,214.8 km
border countries: Albania 282 km, Andorra 120.3 km, Belarus 1,050 km, Bulgaria 494 km, Croatia 999 km, Holy See 3.2 km, Liechtenstein 34.9 km, Macedonia 246 km, Monaco 4.4 km, Norway 2,348 km, Romania 443 km, Russia 2,257 km, San Marino 39 km, Serbia and Montenegro 151 km, Switzerland 1,811 km, Turkey 206 km, Ukraine 726 km note: data for European Continent only |
| Land use | arable land: 3.85%
permanent crops: 0% other: 96.15% (2001) |
arable land: NA
permanent crops: NA |
| Languages | English | Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hungarian, Italian, Latvian, Lithuanian, Maltese, Polish, Portuguese, Slovak, Slovene, Spanish, Swedish; note - only official languages are listed |
| Legal system | British common law and local statutes | - |
| Legislative branch | unicameral Legislative Assembly (18 seats, three appointed members from the Executive Council and 15 elected by popular vote; members serve four-year terms)
elections: last held 8 November 2000 (next to be held 17 November 2004) election results: percent of vote - NA; seats - NA |
Council of the European Union (25 member-state ministers having 321 votes; the number of votes is roughly proportional to member-states' population); note - the Council is the main decision-making body of the EU; European Parliament (732 seats; seats allocated among member states by proportion to population); members elected by direct universal suffrage for a five-year term
elections: last held 10-13 June 2004 (next to be held June 2009) election results: percent of vote - NA%; seats by party - EPP-ED 268, PES 202, ALDE 88, Greens/EFA 42, EUL/NGL 41, IND/DEM 36, UEN 27, independents 28 |
| Life expectancy at birth | total population: 79.81 years
male: 77.21 years female: 82.45 years (2004 est.) |
total population: 78.1 years
male: 74.9 years female: 81.4 years (July 2004 est.) |
| Literacy | definition: age 15 and over has ever attended school
total population: 98% male: 98% female: 98% (1970 est.) |
- |
| Location | Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras | Europe between Eastern Europe and the North Atlantic Ocean |
| Map references | Central America and the Caribbean | Europe |
| Maritime claims | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
NA |
| Merchant marine | total: 137 ships (1,000 GRT or over) 2,827,837 GRT/4,555,974 DWT
by type: bulk 27, cargo 7, chemical tanker 36, container 2, liquefied gas 1, petroleum tanker 25, refrigerated cargo 33, roll on/roll off 4, short-sea/passenger 1, specialized tanker 1 foreign-owned: Germany 9, Greece 25, Hong Kong 3, Italy 14, Norway 4, Singapore 1, Spain 11, Sweden 13, Switzerland 1, United Kingdom 18, United States 43 registered in other countries: 2 (2004 est.) |
- |
| Military - note | defense is the responsibility of the UK | In October 2004, the European Union heads of government signed a "constitutional treaty" that offers possibilities - with some limits - for increased defense and security cooperation. If ratified, in a process that may take some two years, this treaty will in effect make operational the European Security and Defense Policy (ESDP) approved in the 2000 Nice Treaty. Despite limits of cooperation for some EU members, development of a European military planning unit is likely to continue. So is creation of a rapid-reaction military force and a humanitarian aid system, which the planning unit will support. France, Germany, Belgium, Netherlands, Luxembourg, and Italy continue to press for wider coordination. The five-nation Eurocorps - created in 1992 by France, Germany, Belgium, Spain, and Luxembourg - has already deployed troops and police on peacekeeping missions to Bosnia-Herzegovina, Macedonia, and the Democratic Republic of Congo and assumed command of the International Security Assistance Force (ISAF) in Afghanistan in August 2004. Eurocorps directly commands the 5,000-man Franco-German Brigade and the Multinational Command Support Brigade and will command EUFOR, which will take over from SFOR in Bosnia in December 2004. Other troop contributions are under national command - committments to provide 67,100 troops were made at the Helsinki EU session in 2000. Some 56,000 EU troops were actually deployed in 2003. In August 2004, the new European Defense Agency, tasked with promoting cooperative European defense capabilities, began operations. As of November 2004, Germany, the United Kingdom, and France had proposed creation of three 1,500-man rapid-reaction "battle groups." |
| Military branches | no regular military forces; Royal Cayman Islands Police Force | - |
| National holiday | Constitution Day, first Monday in July | Europe Day 9 May (1950); note - a Union-wide holiday, the day that Robert Schuman proposed the creation of an organized Europe |
| Nationality | noun: Caymanian(s)
adjective: Caymanian |
- |
| Natural hazards | hurricanes (July to November) | flooding along coasts; avalanches in mountainous area; earthquakes in the south; volcanic eruptions in Italy; periodic droughts in Spain; ice floes in the Baltic |
| Natural resources | fish, climate and beaches that foster tourism | iron ore, arable land, natural gas, petroleum, coal, copper, lead, zinc, hydropower, uranium, potash, fish |
| Net migration rate | 18.75 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2004 est.) |
1.5 migrant(s)/1,000 population (July 2004 est.) |
| Political parties and leaders | no national teams (loose groupings of political organizations) were formed for the 2000 elections; United Democratic Party or UDP [leader McKeeva BUSH]; People's Progressive Movement or PPM [leader Kurt TIBBETTS] | Group of the Alliance of Liberals and Democrats for Europe or ALDE [Graham R. WATSON]; Independence/Democracy Group or IND/DEM [Jens-Peter BONDE and Nigel FARAGE]; Group of Greens/European Free Alliance or Greens/EFA [Monica FRASSONI and Daniel Marc COHN-BENDIT]; Socialist Group in the European Parliament or PES [Martin SCHULZ]; Confederal Group of the European United Left-Nordic Green Left or EUL/NGL [Francis WURTZ]; European People's Party-European Democrats or EPP-ED [Hans-Gert POETTERING]; Union for Europe of the Nations Group or UEN [Brian CROWLEY and Cristiana MUSCARDINI] |
| Political pressure groups and leaders | NA | - |
| Population | 43,103 (July 2004 est.) | 456,285,839 (July 2004 est.) |
| Population below poverty line | NA (2002 est.) | NA |
| Population growth rate | 2.71% (2004 est.) | 0.17% (July 2004 est.) |
| Ports and harbors | Cayman Brac, George Town | Antwerp (Belgium), Barcelona (Spain), Bremen (Germany), Copenhagen (Denmark), Gdansk (Poland), Hamburg (Germany), Helsinki (Finland), Las Palmas (Canary Islands, Spain), Le Havre (France), Lisbon (Portugal), London (UK), Marseille (France), Naples (Italy), Peiraiefs or Piraeus (Greece), Riga (Latvia), Rotterdam (Netherlands), Stockholm (Sweden), Talinn (Estonia) |
| Radio broadcast stations | AM 1, FM 5, shortwave 0 (1998) | AM 866, FM 13,396, shortwave 73 (1998); note - sum of individual country radio broadcast stations; there is also a European-wide station (Euroradio) |
| Railways | - | total: 222,293 km
broad gauge: 28,438 km standard gauge: 186,405 km narrow gauge: 7,427 km other: 23 km (2003) |
| Religions | United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic | Roman Catholic, Protestant, Orthodox, Muslim, Jewish |
| Sex ratio | at birth: 1.02 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.88 male(s)/female total population: 0.96 male(s)/female (2004 est.) |
at birth: NA
under 15 years: 1.06 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and older: 0.69 male(s)/female total population: 0.96 male(s)/female (July 2004 est.) |
| Suffrage | 18 years of age; universal | 18 years of age; universal |
| Telephone system | general assessment: NA
domestic: NA international: country code - 1-345; 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean) |
note - see individual country entries of member states |
| Telephones - main lines in use | 38,000 (2002) | 238,763,162 (2002) |
| Telephones - mobile cellular | 17,000 (2002) | 314,644,700 (2002) |
| Television broadcast stations | 1 with cable system | 2,791 (1995); note - does not include repeaters; sum of indiviual country television broadcast stations; there is also a European-wide station (Eurovision) |
| Terrain | low-lying limestone base surrounded by coral reefs | fairly flat along the Baltic and Atlantic coast; mountainous in the central and southern areas |
| Total fertility rate | 1.9 children born/woman (2004 est.) | 1.48 children born/woman (July 2004 est.) |
| Unemployment rate | 4.1% (1997) | 9.1% (2004 est.) |
| Waterways | - | 53,512 km |
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